BIOC Trade on Feb 25, 2015 09:33 from ivanka_BOWS: Tradervue User Stock Trades.

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ivanka_BOWS

 

Setup - Either PR or anticipation of good earnings report soon suggesting a long position

Daily chart - 2-day bullish trend, breaking the upper BB. It is completely out of the BB at the end of today's market hours and looks like a parabolic short for tomorrow.

Intraday (1-min) - I watched it on a 1-min chart just because I wasn't sure which way it would go being so up and it's the morning volatility that can be quite a puzzle. It made an opening range (open at $4.20), got sold out to $3.95, and buyers came in and pushed it back up. I bought it at $4.15 on the upside anticipating a breakout over $4.20. Again, Fous calls it a F1 pattern and he too watches it on a 1-min chart.

Entries: $4.15
Stop loss: $ $4.02 (right under 9 EMA on 1 min, risking 13c)
Target: $4.40is ($4.41 to be at 2:1 r/r)
Exit: sold half into the next candle spike; rest sold at around the buy

http://prntscr.com/69tmyf


Execution detail:

Date/time Symbol Side Price Position
2015-02-25 09:33:39 BIOC buy $4.150 long
2015-02-25 09:34:50 BIOC sell $4.350 long
2015-02-25 09:36:46 BIOC sell $4.193 long
2015-02-25 09:36:46 BIOC sell $4.190 0


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